PM: We might as well get 15% corporate tax revenue
The Prime Minister yesterday extended the corporate income tax consultation period by almost two months to end-August 2023 as he reassured that the Government has not decided upon "any particular policy action".
Registered agents take on substance reporting burden
The Attorney General yesterday said financial services providers will have to do economic substance reporting for all entities where they act as the registered agent if The Bahamas is to escape Europe's 'blacklist' this year.
ALICIA WALLACE: Politicians does lie... Marital rape bill’s lack of progress concerning
“People does lie.” Those are the words of a religious leader in The Bahamas. While he used the word “people,” the rest of his drivel indicated that he was really talking about women. In particular, he was talking about women who are raped by their husbands, suggesting that they are liars who want to get out of a marriage.
EDITORIAL: Don’t punish public for impasse with govt
THE long-running dispute between government and gas retailers has finally ended up in action – though not the sort that helps anyone.
Pintard says Davis administration must act urgently to resolve retailers’ concerns
FREE National Movement leader Michael Pintard said the Davis administration must act now to resolve gas retailers’ concerns, warning their inaction could cause a domino effect that will affect the broader economy.
Sears says newly launched Traffic Management Centre first phase to cost $1.8m
THE Ministry of Works and Utilities launched the first phase of its Traffic Management Centre yesterday.
'Screeching economic halt' if diesel stop lasts 10-14 days
Bahamians could "see a totally different economy" if the decision by most petroleum dealers to halt diesel sales lasts for up to two weeks, a well-known contractor warned yesterday.
Corporate tax certainty 'vital' to Freeport future
Grand Bahama's Chamber of Commerce president yesterday said it was "vital" to business certainty and investor confidence that Freeport gain clarity on whether, and how, corporate tax will be implemented in the Port area.
Gas stations argue Business Licence 'further strangles' us
The Bahamas Petroleum Retailers Association's vice-president says he backs the introduction of a corporate income tax to replace Business Licence fees that "further strangle us".
MOW says Fishing Hole Road causeway to open in a week
THE Fishing Hole Road bridge causeway is expected to reopen within another week, said Luther Smith, Permanent Secretary in the Ministry of Works.
Man shot by police after car chase
A 25-year-old man from Meadows Drive is in hospital after being shot by police yesterday.
Grand Bahama Junkanoo Corporation calls for local groups to be supported first
THE newly formed Grand Bahama Junkanoo Corporation Ltd believes more local Junkanoo groups should be benefiting and participating in an event in Grand Bahama on Saturday.
TUC head says they will fight to make Employment Act more worker-friendly
AS Labour Day nears, some union leaders have pledged to fight for amendments that make the Employment Act more worker-friendly.
Toxicologist says Azario was ‘under the influence of alcohol’ at death
A POLICE forensic toxicologist testified yesterday that Azario Major was under the influence of alcohol when he died but had no illegal drugs in his system.
Town Planning rejected Lyford Cay condo advice
Lyford Cay residents will today bid to block a controversial condo project, which speculation previously linked to FTX, after planning authorities approved the doubling of its height beyond that recommended by their technical advisers.
Building $3m shelter for homeless, Hanchell says
A $3M shelter will be built on Carmichael Road to house at least 100 homeless people, according to Great Commission Ministries founder Bishop Walter Hanchell.
Activists find Rex Major’s comments ‘appalling’
A TOP human rights expert said she is hard-pressed to celebrate the 50th anniversary of Bahamian independence given the constitutional inequalities between men and women and the government’s failure to adequately protect women from violence.
Mom wants uncle queried on missing Andros man
THE mother of a 21-year-old Andros man who reportedly fell off a boat and was not recovered wants the police to investigate the incident and question the man’s uncle who captained the vessel.
DIESEL SALES HALT TO LAST UNTIL MARGIN RESOLUTION: However, sites owned by FOCOL continue to make fuel available
Bahamian petroleum retailers have "no intent to disenfranchise the motoring public", their president asserted yesterday, as he warned that the halt to diesel sales will "go on until such time" as their plight is resolved.
